A Case For Strategic Use Of Re-Examination

Law360, New York (July 23, 2009, 11:25 AM EDT) -- Evident Technologies (Evident), one of New York State's first nanotech companies, has filed for bankruptcy after being sued for patent infringement.[1]

According to the source, Evident states that mounting legal fees associated with an ongoing patent suit over Evident's quantum dot products had forced it to file for Chapter 11 bankruptcy after efforts to refinance its debt outside of bankruptcy failed.[2]

Notably, Evident's patent counsel in the case is listed in court documents[3] as one of the company's largest creditors, with $951,184.88 owed in attorneys' fees....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.